Common use of Exempt Property Clause in Contracts

Exempt Property. Notwithstanding anything herein to the contrary, the following property shall be exempt from the payment of Assessments: (a) All Common Area under this District Declaration or under the Community Declaration; (b) The Areas of Common Responsibility under this District Declaration or under the Community Declaration not within a Unit or an Unplatted Parcel; (c) All property dedicated to and accepted by any governmental authority or public utility, including, without limitation, public schools, public streets and public parks, if any; (d) All real property not within a Unit or an Unplatted Parcel which is part of the Master Drainage System; and (e) All tracts identified as such on any Plat.

Exempt Property. Notwithstanding anything herein to the contrary, the following property shall be exempt from the payment of Assessments: (a) All Common Area under this District Declaration or under the Community Declaration; (b) The Areas of Common Responsibility under this District Declaration or under the Community Declaration not within a Unit or an Unplatted Parcel; (c) All property dedicated to and accepted by any governmental authority or public utility, including, without limitation, public schools, public streets and public parks, if any; (d) All real property not within a Unit or an Unplatted Parcel which is part of the Master Drainage System; and (e) All tracts identified as such on any Plat. Section 8.